Weixin Chen: The vision of the blockchain is to change production relations and reduce transaction costs.

Founder and chairman of the Pan City Investment Group, Chen Weixing, stated that the vision of the blockchain is to change the production relationship. Reducing transaction costs will make this society more elliptical than disparity between rich and poor.On the issue of how to solve blockchain credit problems, Chen Weixing said: “The first is infrastructure, which is a tool for creating credit from all angles; the second is how to use blockchain to really create a model that changes the production relationship.”